Fund description

The investment objective of the fund is to deliver the total return performance of the Bloomberg Commodity Index. The stock exchange price may differ from the net asset value.

The fund replicates synthetically the index performance by investing in a swap.

We target to over-collateralise the funds exposure to the swap counterparty by 105%.

Current fund data and tax figures

NAV Date

06 Dec 2018

Shares outstanding

344,421

Official NAV per share

42.8329

Share class assets (EUR m)

14.38

Total fund assets (USD m)

85.69

Key benefits

Clients benefit from the flexibility of an exchange-traded investment.

Provides access to the performance of the index.

Optimised risk/return profile thanks to a broad diversification across a range of sectors.

The fund offers a high degree of transparency and cost efficiency.

Performance chart (in fund currency)

These figures refer to the past. Past performance is not a reliable indicator of future results. The performance shown does not take account of any commissions and costs charged when subscribing to and redeeming units.

Fees

1) Due to a reduction of the management fee in 2013, an estimate is being used rather than an ex-post figure.

2) as at 20.11.2018

Registrations for public distribution

Country of distribution

Switzerland

Germany

Spain

United Kingdom

Ireland

Italy

Liechtenstein

Sweden

Risks

The fund delivers the return of a broadly diversified commodity index and may therefore be subject to high fluctuations in value. For this reason, an investment horizon of at least five years and corresponding risk tolerance and capacity are required. The returns payable on the fund are dependant on payments received by the fund from the swap counterparty under the terms of the relevant swap and, therefore, are subject to the credit risk of the swap counterparty. In the event that the swap counterparty defaults under the terms of the relevant swap, the fund may suffer a loss. Every fund has specific risks, which can significantly increase under unusual market conditions. The fund’s assets are passively managed. As a result, the net asset value of the fund’s assets is materially dependent on the performance of the underlying investments. Losses that could be avoided via active management will not be offset.